Home solar is growing, but big installers are still losing money - News Summed Up

Home solar is growing, but big installers are still losing money


Solving this problem could help determine whether the use of residential solar power is quickly and widely adopted. The success of the two companies and Tesla’s solar business, once the leading residential solar installer, matters beyond the stock market. Solar companies that grow too fast often struggle, as SolarCity did before Tesla acquired it in 2016. “But, apart from the financing, it really is a construction project.”His firm buys solar panels through buyer collectives to get lower prices. They charge customers monthly to lease solar systems or buy the electricity that those systems generate.


Source: bd News24 January 05, 2021 07:07 UTC



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